Mortgage Selector Calculator
Our Mortgage Selector Calculator uses your financial profile, mortgage objectives and risk profile to determine what size mortgage and how much home you can afford as well as the mortgage program that is right for you. This calculator shows you which program -- fixed rate, adjustable rate mortgage or interest only mortgage -- best meets your mortgage needs and how your loan amount and mortgage rate vary by program. The Mortgage Selector Calculator also addresses your down payment, LTV ratio and total monthly housing expense including tax and insurance -- the all-in cost of owning a home. Review the outputs to find related resources on FREEandCLEAR to help you select the mortgage amount and loan program that are right for you.